How Can GPS Tracking Save Your Business Money?

January 6, 2017 286

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Most people are familiar with GPS navigation devices for vehicles, as these are used by countless drivers to reach their destinations. In fact, for people who have to travel a lot, having a GPS navigation device is absolutely necessary. This is also true for all types of businesses, big and small, that utilize motorized vehicles for transporting passengers, products, and the delivery of services. Although, getting accurate directions to where you need to go is important, tracking company service vehicles, as well as staff vehicles, is highly beneficial and can save a business money.

This is possible through GPS Tracking.

How Does GPS Tracking Work for Businesses?

Very similar to the technology that is being used to track the current location of people, GPS Tracking for businesses offers more options, such as keeping track of sales staff, and routing drivers and their vehicles, in real-time. While not every business may need advance GPS tracking software that fleet tracking companies use, there are a number of GPS tracking devices that can meet the particular needs of a company. Equipment such as portable real-time GPS trackers, magnetic GPS tracking devices, or an OBD vehicle tracker, all of which are small and easily mounted into a vehicle to track it’s whereabouts, these can be obtained through websites such as Spy Associates GPS Tracking.

Reducing Fuel Costs Saves Money

Any company that uses vehicles to move people and products, especially businesses that have a fleet of vehicles, fuel expenses are always a concern, and, in some cases, it is the largest operating expense. Basically, businesses can’t escape from fuel costs unless major investments are made in new electrical vehicles. However, companies that can’t afford to purchase new electric vehicles can effectively use GPS tracking devices to gather information that can be used to better manage the routes of drivers, the speed of their vehicles and idle times, to lower the amount of fuel used.

Vehicle Maintenance, Security, Safety and Savings

Outfitting trucks, vans and cars with GPS tracking devices, and using fleet tracking software, business owners and managers can effectively track the speed of their vehicles, the location, any unauthorized use, and alert them when there is an accident. Fleet tracking software can also let companies known when trucks and other vehicles need maintenance work done, to avoid unexpected vehicle malfunctions and costly repairs that can cause logistical problems.

Reduce Delays and Improve Response Time

For managers who are seeking ways to improve the response time of deliveries or service calls, dispatchers can now know exactly where the closest vehicle with a GPS tracking device is on a real-time map, and can then send it when a new job comes available. In this way, by knowing exactly where drivers are greatly reduces delays, which not only saves time, it saves money. It also increases customer loyalty and builds trust in the services that a company provides.

Increases Productivity and Reduces Employee Overtime

Using real-time GPS tracking equipment saves your business money in many ways, increased productivity is one of them. When drivers become more efficient, more stops per week can be completed because of fewer or no delays. Increased productivity also equates to less employee overtime, as GPS tracking devices and software make sure that drivers do not stay idle too long, or go outside designated areas, so that more can be done in less time.

The Many Ways GPS Tracking Saves Your Business Money

There are many ways that GPS tracking saves your business money, by reducing operating costs. This is done by reducing monthly fuel costs, preventing costly unexpected vehicle repairs, improving response time, eliminating delays, and increasing driver productivity, which greatly reduces the need for employee overtime.